The Block
Quick Take KOR Protocol has unveiled a new streaming service called KOR Player. The KOR Player enables users to remix music using a suite of tools including a “sound library” and authentication service.
Quick Take A Telegram mini-app that allows people to sign a letter in support of freeing the messaging platform’s CEO and founder, Pavel Durov, quickly attracted over 300,000 signatures. The messaging app has said it has close to 1 billion users.
Toncoin and ether have decreased in value by around 4% and 5%, respectively, over the past day.The cryptocurrency market has experienced over $144 million in daily long liquidations.
Quick Take Space and Time Labs announced it raised $20 million in Series A financing in a round led by Framework Ventures, Lightspeed Faction, Arrington Capital and Hivemind Capital. The startup, which previously raised capital in a 2022 round led by Microsoft’s venture arm M12, has raised a total of $50 million.
Nasdaq has filed with the SEC to list and trade bitcoin index options.The proposed Nasdaq Bitcoin Index Options (XBTX) will track the CME CF Bitcoin Real-Time Index.
Quick Take Binance is urging the U.S. government to exert political pressure to secure the release of its executive, Tigran Gambaryan, on humanitarian grounds. Gambaryan has been held in Nigeria for six months amid money laundering charges, with his latest court hearing brought forward to Sept. 2.
Quick Take MakerDAO has rebranded to Sky and is set to roll out new upgradeable versions of its stablecoin and governance tokens on Sept. 18. DAI holders will be able to upgrade to USDS 1:1, while MKR holders can convert to SKY at a 1:24,000 ratio.
Quick Take SOON has raised an undisclosed amount in what is being called a “cobuilder ” round. The round claims to have had no involvement from venture capital firms.
Quick Take Celsius has now distributed more than $2.53 billion in cryptocurrencies and cash to its creditors — approximately 93% of the eligible value — according to its bankruptcy plan administrator. The update means that roughly 251,000 of 372,000 eligible creditors have now received distributions, with the remainder mainly involving smaller amounts.
Quick Take Aave Labs has proposed a new temperature check to update the GHO stability module to integrate BUIDL, a tokenized fund from BlackRock. The GSM ensures Aave’s native stablecoin, GHO, maintains a 1:1 convertibility with another asset.
